Institute: Vállalkozásmenedzsment Intézet (1084 Budapest, Tavaszmezõ u. 15-17.) Credit: 2
Type of classes: Nappali Language: angol Semester: 2007/08/1
 
Level: Mûszaki menedzser szak;
 
Responsible Teacher: Dr. Kóczy Á. László Teacher(s): Dr. Kóczy Á. László;
 
Pre requirements: GVMKG112NK
Consultations (total/week): Heti Lectures: 2 Practice lectures: 0 Labs: 0 Consultations: 0
 
Type of Exam: vizsga
 
Aim of the subject: Introduction to the theory of strategic decision making. Familiarising with the foundations and applications of game theory.
Requirements during the semester
(homeworks, essays,
excercises, teamworks,
presentations,
part and final
oral/written exam etc.):
Resits: In line with faculty regulations, after due fees paid, resit at the time organised by the course coordinator. The form of the exam depends on the number of students taking it: normally oral, for a large number of students, possibly written.
 
Week of
semester
Topics of lectures/practices
1. Introduction. A bit of history. Noncooperative games
2. The Nash equilibrium and its applications
3. Dynamic games with perfect information
4. Repeated games
5. Games of imperfect information
6. Auctions
7. Perfect Bayesean Equilibrium; Signaling games
8. Further applications of the Perfect Bayesean Equilibrium
9. n-person games
10. Core
11. Bargaining set and stable sets
12. The Shapley-value and the indices of power
13. Further cooperative models and solutions
14. Two-person cooperative games
Type of evaluation,
repetition, calculation
of grade, etc.
Open book, written exam.
The exam contains 3 exercises of equal weight where the student is expected to demonstrate the understanding of the concepts of the course as well as to apply this understanding to analytical problems similar to those in the textbook. The exam is in English, but the quality of English in the solutions has little influence on the grades.
The written exam is evaluated as follows:
0-54%: fail (1)
55%-64%: pass (2)
65%-74%: good (3)
75%-84%: very good (4)
85%-100%: excellent (5)
Once the grades are available an inspection hour will be organised.
 
Compulsory literature: Gibbons: Game theory – A primer. Financial Times/Prentice Hall, 1992
Owen: Game theory. 3rd edition. Academic Press, San Diego, 1995. (Chapters IX-XIII).
Suggested literature: Myerson: Game theory. MIT Press, Cambridge, Massachusetts